Category: japan

By CCN: Donald Trump has again lived up to his maverick reputation. Despite worrying about hammering out a trade deal with Japan and staving off a recession that could imperil his 2020 election campaign, Trump found time to hit the golf course with Japanese Prime Minister Shinzo Abe. This was part of a three-pronged effort …

The Financial Services Agency of Japan is considering approving exchange-traded funds which track digital assets, Bloomberg reports. According to sources who confided in Bloomberg, the financial regulator is at the moment gauging sector interest in exchange-traded funds tracking cryptocurrencies. This comes less than a month since the financial watchdog put aside plans for cryptocurrency futures. …

Readers may recall the January hack that cost Coincheck over $500 million. The largest theft in cryptocurrency history, the hack saw the exploitation of a vulnerability in the exchange’s security system and culminated in the loss of more than 500 million. New Economy Movement tokens, each worth over $1. As CCN’s Josiah Wilmoth wrote at the …

Japan’s primarily financial regulator is mulling a leverage cap on the amount of funds investors can borrow for margin trading with cryptocurrencies. In a marked effort to clamp down on speculative trading to minimise volatility risks for investors, the Financial Services Agency (FSA) is considering leverage caps on margin trading, the Nikkei reported on Thursday. …

Zaif, a major crypto exchange in Japan, was hacked this week, losing nearly $60 million in user funds in a high profile security breach. Local publications including Japan Times reported that 6.7 billion yen was stolen by an unknown group of hackers, 2.2 billion yen in corporate funds and 4.5 billion yen in user funds …

The Philippines, Thailand, and South Korea are moving towards creating the next crypto valley, after recognizing the success of Malta and Zug, Switzerland in creating crypto and blockchain friendly environments. Most countries in Southeast Asia, including Vietnam and Thailand, have cracked down on crypto trading and blockchain-related developments over the past year. A few months …

Seiko Noda, Japan’s internal affairs minister, denied having an interest in a cryptocurrency company under investigation and interfering in that investigation, according to a report in Asahi Shimbun. As a Cabinet minister, Noda could be accused of trying to influence a government investigation. Noda acknowledged that one of her aides was present at a meeting on …

The Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ top 10 banks by assets, has announced an upcoming remittance payments service from Japan using blockchain technology. Speaking to reporters on Thursday, RCBC first senior vice president Manny T. Narcisco revealed that the banking giant is developing the blockchain platform to enable cheaper and faster …

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Mainstream media outlets in South Korea and Japan JoongAng and Nikkei have reported that the National Tax Agency (NTA) of Japan is fully aware that 331 investors in the Japanese cryptocurrency sector recorded a profit of $1 million through trading, generating more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Japanese online brokerage firm Monex is reportedly considering a buyout of Tokyo-based Coincheck, the cryptocurrency exchange at the center of the recent $530 million NEM theft. Japanese financial publication Nikkei is reporting an offer from online brokerage Monex Group to buy …